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Crypto.com Postpones South Korea Launch Following Reports of Money Laundering Probe

Crypto.com Postpones South Korea Launch Following Reports of Money Laundering Probe

Posted by By admin April 23, 2024Posted inFinanceNo Comments
“Crypto.com maintains the highest Anti-money Laundering (AML) standards in the industry. We will postpone our launch and take this opportunity to make sure Korean regulators understand our thorough policies, procedures,…
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Bitcoin’s Post-Halving Supply to Be 5x Lower Than Demand, Bitfinex Estimates

Bitcoin’s Post-Halving Supply to Be 5x Lower Than Demand, Bitfinex Estimates

Posted by By admin April 23, 2024Posted inFinanceNo Comments
"With the daily issuance rate declining post-halving, we estimate that the new supply added to the market (new BTC mined) would amount to approximately $40-$50 million in USD-notional terms based…
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Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1.95B Fine in Final Judgment

Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1.95B Fine in Final Judgment

Posted by By admin April 23, 2024Posted inFinanceNo Comments
The SEC’s proposal asked the court to order Ripple Labs to pay $876 million in disgorgement, $198 million in prejudgment interest, and a $876 million civil penalty, amounting to a…
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Stacks Begins 2-Step Rollout of Major ‘Nakamoto’ Overhaul

Stacks Begins 2-Step Rollout of Major ‘Nakamoto’ Overhaul

Posted by By admin April 22, 2024Posted inFinanceNo Comments
Called Nakamoto, honoring Bitcoin’s pseudonymous creator, the upgrade will decouple the Stacks block production schedule from Bitcoin's. Although the layer-2 network has a higher transaction throughput than Bitcoin (which processes…
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How the Bitcoin Halving Will Drive Action to Layer 2s

How the Bitcoin Halving Will Drive Action to Layer 2s

Posted by By admin April 22, 2024Posted inFinanceNo Comments
The launch of Runes, a new protocol that enables the creation of meme coins on Bitcoin, coincided with the halving. Already hundreds of tokens have launched, contributing over $80 million…
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Shiba Inu (SHIB) Fetches $12M Investment in a Token Sale to Build Privacy-Focused Blockchain

Shiba Inu (SHIB) Fetches $12M Investment in a Token Sale to Build Privacy-Focused Blockchain

Posted by By admin April 22, 2024Posted inFinanceNo Comments
The list of investors participating in the round are Comma 3 Ventures, Big Brain Holdings, Cypher Capital, Shima Capital, Hercules Ventures, Animoca Brands, Morningstar Ventures, Woodstock Fund, DWF Ventures, Polygon…
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Bitcoin (BTC) Miner Hut 8’s (HUT) Post-Merger Prospects Look Good: Benchmark

Bitcoin (BTC) Miner Hut 8’s (HUT) Post-Merger Prospects Look Good: Benchmark

Posted by By admin April 22, 2024Posted inFinanceNo Comments
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry.…
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Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s

Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s

Posted by By admin April 22, 2024Posted inFinanceNo Comments
“It's super cool to actually see them [Celo] be keen on OP Stack, do deep due diligence and look at all these chains,” said Ryan Wyatt, chief growth officer at…
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Bitcoin (BTC) Layer 2s Have Their Moment

Bitcoin (BTC) Layer 2s Have Their Moment

Posted by By admin April 22, 2024Posted inFinanceNo Comments
Tokens associated with Bitcoin layer 2 solutions have outperformed bitcoin (BTC) since the Bitcoin blockchain's highly-anticipated mining reward halving took effect early Saturday. STX, the native token of leading Bitcoin…
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Crypto Exchange Woo X Claims a First With Tokenized T-Bills for Retail Investors

Crypto Exchange Woo X Claims a First With Tokenized T-Bills for Retail Investors

Posted by By admin April 22, 2024Posted inFinanceNo Comments
“For the first time, retail users on a centralized exchange can instantly access an interest-bearing account backed by U.S. Treasury Bills,” Chuang said in an email. “This initiative bridges a…
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